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Keurig Dr Pepper (WBO:KDP) Cyclically Adjusted PB Ratio : 1.91 (As of May. 26, 2024)


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What is Keurig Dr Pepper Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Keurig Dr Pepper's current share price is €31.65. Keurig Dr Pepper's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €16.53. Keurig Dr Pepper's Cyclically Adjusted PB Ratio for today is 1.91.

The historical rank and industry rank for Keurig Dr Pepper's Cyclically Adjusted PB Ratio or its related term are showing as below:

WBO:KDP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.62   Med: 2.33   Max: 9.74
Current: 1.92

During the past years, Keurig Dr Pepper's highest Cyclically Adjusted PB Ratio was 9.74. The lowest was 1.62. And the median was 2.33.

WBO:KDP's Cyclically Adjusted PB Ratio is ranked better than
55.7% of 79 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.33 vs WBO:KDP: 1.92

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Keurig Dr Pepper's adjusted book value per share data for the three months ended in Mar. 2024 was €16.732. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €16.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keurig Dr Pepper Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Keurig Dr Pepper's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Keurig Dr Pepper Cyclically Adjusted PB Ratio Chart

Keurig Dr Pepper Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.18 2.33 2.43 2.16 1.91

Keurig Dr Pepper Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.09 1.82 1.82 1.91 1.72

Competitive Comparison of Keurig Dr Pepper's Cyclically Adjusted PB Ratio

For the Beverages - Non-Alcoholic subindustry, Keurig Dr Pepper's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Keurig Dr Pepper's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Keurig Dr Pepper's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Keurig Dr Pepper's Cyclically Adjusted PB Ratio falls into.



Keurig Dr Pepper Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Keurig Dr Pepper's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.65/16.53
=1.91

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Keurig Dr Pepper's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Keurig Dr Pepper's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=16.732/131.7762*131.7762
=16.732

Current CPI (Mar. 2024) = 131.7762.

Keurig Dr Pepper Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.541 100.560 11.192
201409 9.429 100.428 12.372
201412 9.642 99.070 12.825
201503 10.670 99.621 14.114
201506 10.556 100.684 13.816
201509 10.351 100.392 13.587
201512 10.669 99.792 14.088
201603 10.159 100.470 13.324
201606 10.282 101.688 13.324
201609 10.321 101.861 13.352
201612 11.048 101.863 14.292
201703 11.156 102.862 14.292
201706 10.526 103.349 13.421
201709 9.888 104.136 12.513
201712 11.523 104.011 14.599
201803 11.187 105.290 14.001
201806 12.924 106.317 16.019
201809 13.754 106.507 17.017
201812 14.088 105.998 17.514
201903 14.265 107.251 17.527
201906 14.396 108.070 17.554
201909 14.790 108.329 17.991
201912 14.878 108.420 18.083
202003 14.562 108.902 17.621
202006 14.465 108.767 17.525
202009 14.055 109.815 16.866
202012 13.919 109.897 16.690
202103 14.265 111.754 16.821
202106 14.195 114.631 16.318
202109 14.630 115.734 16.658
202112 15.584 117.630 17.458
202203 16.330 121.301 17.740
202206 16.962 125.017 17.879
202209 17.902 125.227 18.838
202212 16.841 125.222 17.722
202303 16.703 127.348 17.284
202306 16.696 128.729 17.091
202309 16.996 129.860 17.247
202312 16.933 129.419 17.241
202403 16.732 131.776 16.732

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Keurig Dr Pepper  (WBO:KDP) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Keurig Dr Pepper Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Keurig Dr Pepper's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Keurig Dr Pepper (WBO:KDP) Business Description

Traded in Other Exchanges
Address
53 South Avenue, Burlington, MA, USA, 01803
Keurig Dr Pepper was established in 2018 following a merger between Keurig Green Mountain Coffee and Dr Pepper Snapple. The company manufactures and distributes coffee systems (including coffee brewers and single-serve coffee pods) under the Keurig and Green Mountain brands, as well as ready-to-drink beverages including flavored (non-cola) sparkling soft drinks under well-known brands such as Dr Pepper, Snapple, and Canada Dry. The company controls production and route to market for its own brands through in-house manufacturing plants and distribution infrastructure and leverages these facilities to manufacture and distribute for third-party coffee and beverage brands via licensing and partnership agreements. U.S. and Canada make up 95% of revenues, with the rest from Mexico.

Keurig Dr Pepper (WBO:KDP) Headlines